Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Binance−0.035%61s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$730.727% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.170%+$17 · spread now −0.035%, 7d avg −0.009%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.026% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.009%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LINEAUSDT | 0.002854 | 0.0100 | pay 0.0050% / 4h | 6m 11s | $4.1M | $3.6M | 50x |
| Short | BloFin LINEA-USDT | 0.002853 | 0.0043 | get 0.0022% / 4h | 6m 11s | $217K | $16K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.87
- Price spread: −0.035% → −0.009%
- −$2.65
- Slippage, 4 orders
- −$50.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.21
- Costs to cover
- 0.727%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; BloFin: live order book, 64 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 16 min ago | 3.51 bp | 18.5 bp −$18 | 55.5 bp −$555 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 5.28 bp | 20.9 bp −$21 | 48.2 bp −$482 | doesn't fit | doesn't fit |
LINEA on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.542% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDTshort | +0.0043% | 4h | 0.002853 | −0.035% | $217K | $16K | 50x | |
| Lighter LINEA | +0.0096% | 1h | 0.002857 | +0.105% | $110K | $54K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002865 | +0.385% | $2.7M | $255K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002855 | +0.047% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDTlong | +0.0100% | 4h | 0.002854 | long leg | $4.1M | $3.6M | 50x | |
| Bybit LINEAUSDT | +0.0100% | 4h | 0.002848 | −0.210% | $2.9M | $782K | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002849 | −0.175% | $1.2M | $946K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002855 | +0.035% | $243K | $62K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002855 | +0.035% | $3.9M | $1.1M | 100x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002855 | +0.035% | $538K | $52K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002855 | +0.035% | $1.1M | $479K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002853 | −0.035% | — | $2.6M | — | as long as short |
| Backpack LINEA_USDC_PERP | +0.0100% | 1h | 0.002854 | +0.007% | $85K | $52K | 10x | as long as short |
| Variational Omni LINEA | +0.0100% | 4h | 0.002846 | −0.294% | $114K | $62K | — | as long as short |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002856 | +0.063% | $148K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002840 | −0.491% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002910 | +1.962% | $1K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002851 | −0.090% | $12K | $177K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0271% | 1h | 0.002852 | −0.071% | $4K | — | 3x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0450% / S −0.0181% | 1h | 0.002853 | −0.035% | $32K | — | 100x | as long as short |
Binance LINEAUSDT
BloFin LINEA-USDT
Injective LINEA/USDC PERP
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
Bybit LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDT
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
Backpack LINEA_USDC_PERP
Variational Omni LINEA
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
GMX LINEA/USD [ETH-USDC]